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Olin unit to redeem $120 million of outstanding 9¾% notes due 2023
By Taylor Fox
New York, Dec. 16 – Olin Corp. wholly owned subsidiary Blue Cube Spinco LLC plans to redeem all $120 million of its outstanding 9¾% senior notes due Oct. 15, 2023, according to an 8-K filing with the Securities and Exchange Commission.
The notes will be redeemed on Jan. 15 at a redemption price in cash of 102.438 plus accrued interest.
U.S. Bank NA is trustee.
Olin is a Clayton, Mo.-based chemical products and small caliber ammunition supplier.
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